The REIT plans to renovate building exteriors, install state-of-the-art amenities and modernize common areas throughout its portfolio of properties in Parsippany, Short Hills, Metro Park and Red Bank, N.J.

Based on a September survey of RCM principals and SIOR members, the report concluded that strong fundamentals, including robust leasing and rising rents, should keep the industrial investment sector on the healthy run it has had since 2011.